ULTRACAB (INDIA)
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The Current P/E Ratio of ULTRACAB (INDIA) is 22.60.
Share Price | ₹14.1 | Apr 19,2024 |
Market Cap | ₹134.0 Cr | |
Earnings-TTM | ₹5.9 Cr | TTM-Standalone Results |
Price/Earnings | 22.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ULTRACAB (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹134.0 Cr] as on Apr 19,2024
(/) Earnings [ ₹5.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 22.60x ]
Thus, for ULTRACAB (INDIA) , the investors are currently willing to pay 22.60 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ULTRACAB (INDIA) !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of ULTRACAB (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of ULTRACAB (INDIA)
PE Ratio Performance Analysis for ULTRACAB (INDIA)
- ULTRACAB (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 26.40x.
- ULTRACAB (INDIA) 's operated at median p/e ratio of 10.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ULTRACAB (INDIA) 's p/e ratio peaked in Mar2022 at 77.61x.
- ULTRACAB (INDIA) 's p/e ratio hit its five-year low in Mar2019 of 7.22x.
How does ULTRACAB (INDIA) 's P/E Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ULTRACAB (INDIA) | 5.93 | 22.60 | 134.0 |
POLYCAB INDIA LTD | 1,683.88 | 47.22 | 79,518.0 |
KEI INDUSTRIES LTD | 550.36 | 61.67 | 33,941.6 |
RR KABEL LTD | 250.84 | 71.56 | 17,949.5 |
FINOLEX CABLES LTD | 488.74 | 30.34 | 14,827.5 |
STERLITE TECHNOLOGIES LTD | 94.00 | 65.54 | 6,160.5 |
PRECISION WIRES INDIA LTD | 63.81 | 34.76 | 2,218.0 |
PARAMOUNT COMMUNICATIONS LTD | 69.85 | 34.15 | 2,385.3 |
UNIVERSAL CABLES LTD | 23.29 | 79.65 | 1,855.2 |
DYNAMIC CABLES LTD | 33.98 | 29.05 | 987.2 |
BIRLA CABLE LTD | 33.29 | 23.36 | 777.5 |
Cable Industry Benchmark (Top 10) PE Analysis vs ULTRACAB (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.60x |
Max industry PE | 79.65x |
Median industry PE | 34.76x |
Average industry PE | 45.45x |
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